£904,189
This estimated value is based upon the latest sale price for the house of £697,500 on 5 May 2017. This value is then adjusted by the current Official House Price Index for ESSEX 1
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8-10 High Street, Billericay, CM12 9BQ
Phone: 01277298601
| Price Paid | Date |
|---|---|
| £697,500 | 5 May 2017 |
| Detached |
| Freehold |
| Floor Area: 132 sq meters or 1,420 sq feet |
This model uses changes in the Official Land Registry House Price Index for ESSEX to estimate the market value.
When this house was purchased in May 2017 the House Price Index for ESSEX was 115.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.633%.Applying this 29.633% change to the original purchase price of £697,500 results in an estimated price of approximately £904,189.
| 5 May 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 149.7 | 29.633 % | £697,500 | £206,689 | £904,189 |
The Postcode Pricing Model uses changes in average sales price within the CM11 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 7.570 % | £52,802 | £750,302 |
| 3 Month Average | 4.301 % | £29,998 | £727,498 |
| 6 Month Average | 19.813 % | £138,193 | £835,693 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £506,504 | £495,000 | 15 DUKES ROAD |
| 20 Oct 2023 | £818,541 | £799,950 | 94 STOCK ROAD |
| 7 Aug 2023 | £1,288,235 | £1,265,000 | 28 THE GROVE |
| 21 Jun 2023 | £979,632 | £960,000 | 2 THE GROVE |
| 30 Aug 2022 | £856,505 | £852,500 | 30 THE GROVE |
This house has a floor area of 132 sq meters or 1,420 sq feet when measured on 28 Oct 2016. Using an estimated price of £904,189 means this house is valued at £6,849 per sq meter (£636 per sq foot).
The average size of a house on DUKES ROAD is 137 sq meters (1,481 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Stock Road |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Supermarket |
| Jul 2024 | Shoplifting | Unable to prosecute suspect | On or near Supermarket |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Dukes Farm Close |
| Sep 2024 | Burglary | Under investigation | On or near Little Norsey Road |